Latest: Asia Stock Market News
Masazumi Wakatabe said consumer inflation may accelerate to 1% in coming months and could speed up more than expected as more companies pass on higher costs
Australian gaming firm Aristocrat needed approval from 75% Playtech shareholders, but less than 55% of votes were cast in favour of deal
The Sydney airport takeover, one of Australia's biggest-ever buyouts, was backed by 96% of proxy votes cast, but 20% of shareholders representing a 4% stake were against it
The published concluding statement from IMF staff focused on Japan's need to scale back pandemic-relief measures as its economy recovers
Strong corporate results helped to lift the mood across the region’s markets though trading remained thin because of the Lunar New Year shutdown
Kojima, who became president in June 2021, would succeed CEO Toshiaki Higashihara, who would be appointed chairman, Nikkei Asia reported
But Nifty 50 components Tech Mahindra and Adani Ports slumped 4.2% and 2.3% respectively after posting disappointing quarterly numbers
Tight global supplies and geopolitical tensions in Eastern Europe and the Middle East have boosted oil prices by about 15% so far this year
The coffee chain missed estimates on adjusted earnings as wage and commodity inflation contributed to higher operating costs
The company's shares fell 2.5% on Tuesday after closing 4% higher at the end of Monday's trade in Mumbai ahead of the earnings announcement
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AF Market Insights
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China-US Economic TiesChina Stocks Delisting From US: Everything You Need to Know -
Market InsightsChina Stock Market Guide: Everything You Need To Know
AF China Bond
China Stock Markets
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SemiconductorsTaiwan to Fine Foxconn After Unauthorised Chinese Investment -
Market InsightsChina’s Covid Infections Rise Further as Outlook Darkens
AF TV: Market Analysis
Markets: The Big Picture
With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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Oil & GasIndia Is Likely Exporting Refined Russian Oil to the WestIndia’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
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MarketsApple Asks Suppliers in Taiwan to Meet China Label StandardsUS tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
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MarketsIndian-Owned Tech Firms See Sharp Growth in UKDespite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.
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MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
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